{"id":55798,"date":"2024-04-26T15:47:33","date_gmt":"2024-04-26T13:47:33","guid":{"rendered":"https:\/\/gs1.se\/uncategorized\/new-eu-regulations-approved-this-week-how-gs1-standards-can-enable-compliance\/"},"modified":"2024-08-08T14:19:13","modified_gmt":"2024-08-08T12:19:13","slug":"new-eu-regulations-approved-this-week-how-gs1-standards-can-enable-compliance","status":"publish","type":"post","link":"https:\/\/gs1.se\/en\/blog\/new-eu-regulations-approved-this-week-how-gs1-standards-can-enable-compliance\/","title":{"rendered":"New EU regulations approved this week – how GS1 standards can enable compliance"},"content":{"rendered":"\n
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New sustainability regulations requires more transparency and traceability in value chains<\/figcaption><\/figure>\n
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\"Staffan<\/figure>\n<\/div>\n

STAFFAN OLSSONHead of Public Affairs<\/p>\n\n

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This week, the European Parliament approved a wide range of new sustainability regulation at the final meeting of the current Members of the European Parliament (MEPs).<\/p>\n\n

More than a dozen proposals were pushed through, including the Ecodesign for Sustainable Products Regulation (ESPR), the Packaging Directive (PPWR) and the Corporate Sustainability Due Diligence Directive (CSDDD). I choose to highlight these three examples because they will affect many product areas and companies linked to open value chains.<\/p>\n\n

GS1 has an important role to play right now in creating the right conditions for businesses. GS1 standards<\/a> can practically enable regulatory compliance, be used in many different industries and at the same time contribute to increased efficiency and profitability of the business, which is the original purpose.<\/p>\n\n

Requirements for increased data transparency and traceability<\/h2>\n\n

A majority of the new sustainability legislation requires increased transparency<\/em> and traceability<\/a><\/em> throughout the value chain. And that buyers, sellers, regulators and all parties in a value chain communicate in the same way – with a common global business language. This means that many businesses now need to start using standards, digitizing and getting better control and quality of their data.<\/p>\n\n

GS1 as a global organization and GS1 Sweden at a national level have taken an active role as experienced enablers of traceable value chains.<\/p>\n\n

GS1 as an enabler of traceable value chains<\/h2>\n\n
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At GS1, we are currently working to create the right conditions for companies that need to increase their use of standards. This is in order to create and demonstrate the traceability demanded by legislators and authorities, but also from trade associations, professional buyers and consumers.<\/p>\n\n\n\n

GS1 Sweden works primarily to help companies streamline their operations, but the same standards-based solutions can also enable regulatory compliance. <\/p>\n\n\n\n

By being proactive, companies can seize the opportunity to also increase their competitiveness and profitability linked to new sustainability requirements.<\/p>\n<\/div>\n\n\n\n

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Recommended links<\/h3>\n

Trace4Value – Traceability training<\/a>GS1 standards for traceability<\/a>GS1 Sweden and Digital Product Passports<\/a>GS1 Sweden and packaging<\/a>2D codes – next generation barcodes<\/a>GS1 TraceWay – method support for traceability <\/a> <\/p>\n<\/p>\n <\/div>\n\n<\/section>\n<\/div>\n<\/div>\n

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Most important for businesses right now<\/h3>\n

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